Langar Global HealthTech ETF (NYSEARCA:LGHT) Sees Large Decrease in Short Interest

Langar Global HealthTech ETF (NYSEARCA:LGHT) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,951 shares, a decrease of 33.7% from the June 30th total of 2,943 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 1,004 shares, the days-to-cover ratio is currently 1.9 days.

Langar Global HealthTech ETF Stock Down 0.6%

LGHT traded down $0.05 during trading on Friday, hitting $8.66. 259 shares of the stock were exchanged, compared to its average volume of 2,863. The firm has a market capitalization of $2.08 million, a P/E ratio of 33.43 and a beta of 0.59. Langar Global HealthTech ETF has a 1-year low of $7.94 and a 1-year high of $10.66. The stock has a fifty day moving average price of $8.43 and a two-hundred day moving average price of $8.88.

Langar Global HealthTech ETF Company Profile

The Langar Global HealthTech ETF (LGHT) is an exchange-traded fund that mostly invests in health care equity. The fund seeks long-term capital growth from an actively managed portfolio of healthcare technology companies worldwide. LGHT was launched on Jan 10, 2024 and is issued by Langar.